Impact Fc Inc
- Assets
- $51.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Statesville, NC
- Founding
- 03/2018
- Data as of
- 06/2022
- EIN
- 82-2375298
Organization Overview
Impact Fc Inc is located in Statesville, NC. The organization was established in 2018. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Fc Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Impact Fc Inc generated $127.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $107.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FOSTERING AMATEUR SPORTS COMPETITION AND SUPPORTING AND DEVELOPING AMATEUR ATHLETES FOR THAT COMPETITION. THE NUMBER OF ATHLETES SERVED WAS APPROXIMATELY 250.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Barker President | 5 | $0 | |
Michael Frisbee Vice Presdie | 1 | $0 | |
Shawn Mitchell Treasurer | 8 | $0 | |
Jamie Baril Secretary | 5 | $0 | |
Craig Hollis Director Of | 20 | $47,516 | |
William Durand At-Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $112,590 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,053 |
| Other Revenue | $0 |
| Total Revenue | $127,643 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,217 |
| Professional fees and other payments to independent contractors | $23,993 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,083 |
| Total expenses | $107,293 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,778 |
| Other assets | $0 |
| Total assets | $51,798 |
| Total liabilities | $465 |
| Net assets or fund balances | $51,333 |